Seller's Agent in 2020
Timothy Morse
Alliance Realty LLC
(860) 481-9553
102 Total Sales
7 Benton St Stafford Springs, CT 06076
Estimated Value: $305,097 - $336,000
14
Beds
6
Baths
2,904
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Patio
- Partially Wooded Lot
- Porch
- Coin Laundry
About This Home
As of October 2020Do the math, unique and rare opportunity to buy a turnkey income producing 2 building 7 apartment set up. 6 of the 7 are occupied by long term tenants.
Nothing really to do here, just take over, the numbers work. 5 Benton street has 4 units, 7 benton has 3.
Shared drive between the two buildings for off street parking, and a coin operated laundry area on site.
Last Agent to Sell the Property
Alliance Realty LLC License #REB.0795721 Listed on: 07/22/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,259
Year Built
- Built in 1915
Lot Details
- 6,970 Sq Ft Lot
- Partially Wooded Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Vinyl Siding
Interior Spaces
- 2,904 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Parking
- Parking Deck
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
Community Details
Overview
- No Home Owners Association
- 7 Units
Additional Features
- Coin Laundry
- Gross Income $75,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2020
Closed on
Oct 21, 2020
Sold by
Casagrande Dean R
Bought by
Forziati Christopher A and Forziati Jenna M
Seller's Agent
Timothy Morse
Alliance Realty LLC
Buyer's Agent
Timothy Morse
Alliance Realty LLC
List Price
$438,000
Sold Price
$395,000
Premium/Discount to List
-$43,000
-9.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,226
Avg. Annual Appreciation
-4.04%
Original Mortgage
$142,500
Outstanding Balance
$126,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,259
Purchase Details
Closed on
Mar 4, 2014
Sold by
Casagrande Ricjhard A
Bought by
Casagrande Dean R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 1977
Bought by
Casagrande Dean R
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forziati Christopher A | $190,000 | None Available | |
| Casagrande Dean R | -- | -- | |
| Casagrande Dean R | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forziati Christopher A | $142,500 | |
| Previous Owner | Casagrande Dean R | $108,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2020 10/21/20 | Sold | $395,000 | -9.8% | $136 / Sq Ft |
| 10/21/2020 10/21/20 | Pending | -- | -- | -- |
| 07/22/2020 07/22/20 | For Sale | $438,000 | -- | $151 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,115 | $111,300 | $18,690 | $92,610 |
| 2024 | $4,604 | $111,300 | $18,690 | $92,610 |
| 2023 | $4,373 | $111,300 | $18,690 | $92,610 |
| 2022 | $4,236 | $111,300 | $18,690 | $92,610 |
| 2021 | $4,141 | $111,300 | $18,690 | $92,610 |
| 2020 | $4,259 | $114,450 | $21,840 | $92,610 |
| 2019 | $3,957 | $106,330 | $21,840 | $84,490 |
| 2018 | $3,885 | $106,330 | $21,840 | $84,490 |
| 2017 | $3,848 | $106,330 | $21,840 | $84,490 |
| 2016 | $3,803 | $106,330 | $21,840 | $84,490 |
| 2015 | $3,724 | $104,580 | $21,840 | $82,740 |
| 2014 | $3,686 | $104,580 | $21,840 | $82,740 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Morse
Map
Source: SmartMLS
MLS Number: 170319219
APN: STAF-000052-000279
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